Trump Trade Threat Is New Opening for Tighter Mexico-China Ties

2/21/2017 Bloomberg

mexico-chinaMexico is in for some painful restructuring if U.S. President Donald Trump follows through with his protectionist threats.

But the nation also faces a unique opportunity to reduce its reliance on its American neighbor and shift its focus to the world’s No. 2 economy, China.

Mexico has some key advantages, despite all the doom and gloom since Trump’s election, according to Natixis SA in Hong Kong.  The peso has depreciated 26 percent over the past two years, making Mexico’s goods more competitive; the country has undertaken past structural reforms on labor, energy and telecoms; and it has free trade agreements with 44 countries outside the U.S.

Now it’s time for Mexico to woo China, Alicia Garcia Herrero, chief Asia-Pacific economist at Natixis, said in a report.

Read more…

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2 thoughts on “Trump Trade Threat Is New Opening for Tighter Mexico-China Ties

  1. Trump is central to 90% of all of Mexico”s and the United States problems. A few facts: The Immigration problem exists because of illegal drugs used by addicts in the United States. If the U. s. would have stopped it they wouldn”t have the border and immigration across the Mexican Border problems today. What have the done? They have made pot legal which will bring all the profit back to the U.S. and the southern drug dealers will concentrate on creating more U.S. hard drug addicts. When I was young the border was open both ways and there were no problems. If Mexico had a real President, he would put trump in his place. How would he do that? Easy! Start by telling him if he continues with trying to blackmail Mexico into solving Problems which the U. S. made. The following things can and may happen, nationalizing U.S. auto production in Mexico, stopping all cross border agricultural trade, and there are many other U.S. business’ that could be facing similar treatment. By the way I’m a U.S. citizen working on Mexican citizenship. I had enough of their citizen robbing politics. I would be happy to debate any U.S. government elected politician on the issues they have created which have destroyed the U.S.

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